NanoXplore Inc T.GRA

Over at the c_o.ca site

[1student]

Semendemon asked: Wonder how the underwriters are doing selling @ 4.60

 

0

18 Feb 2022, 18:10

 

@Semendemon answered: this better get back up there fast or i guess they hold or sell at loss

The underwriters collectively simply can't lose.

Here's a thought?
Perhaps both CannaOcrap and National Banak Financial, merely two of the syndicate of underwriters particpating in this $30M bought deal capital raise, 'sold GRA shares short' and/or had their "high net worth clients" sell GRA shares short at heights from which the share price was quite intentionally made to collapse.

Sure, now this syndicate of underwriters, two of which are all too conveniently CannaOcrap Genuity and National Banak Financial, show up with a impecably timed willingness to provide NanoXplore $30M by way of a bought deal capital raise; doing so at a fixed share price of $4.60 per share - that's quite a long way down from circa $9.00 per share, eh.
A $4.60 price point, I'll remind you, which is notably further discouted to even the preceding 30 day average GRA share price.

NOTE: This semendemon character, some person who is posting over at the ceo.ca site, suggested that should the syndicate of underwriters collectively not manage to have NanoXplore's share price rebound very quickly upwards, the syndicate of underwriters collectively could stand a chance at having "to sell at a loss".

RESPONSE: LOL!
You better ask yourself whether the intention on the part of the syndicate of underwriters is to secure, for their 'high net worth clients and their respective own book, enough GRA shares with which to cover their collective intention to further 'sell short' NanoXplore shares immediately following this $30M bought deal capital raise closing?
"Holy jumping Jehoshaphat Bataman!", That had better not be the case.

Note: Should the syndicate of underwriters intend at any point to collectively sell GRA shares short, does this semendemon character think that such a syndicate of underwriters could collectively 'lose' in selling GRA share short?
I sure as sugar don't expect any of the underwriters, especially CannaOcrap Genuity or National Bank Financial, to ever somehow lose from having been exclusively provided their collective control of their own provided GRA positions and/or the control over their respective 'high net worth client' purchases of GRA positions.

Here's another thought for all NanoXplore share holders to consider.

Should the GRA share price continue to fall because certain institutional GRA share holders have been continuing to and would be continuing to have a grand old time quite profitably selling GRA shares short, doing so from circa $9.00 all the way down to present share price points, NanoXplore C-suite representatives 'may have figured' that they would allow their selected 'syndicate of underwriters' to have access to the control of enough GRA shares with which to either:
(a) keep 'a disciplined control over' and just about exclusively profit from any would be coming increased sell off in NanoXplore shares or
(b)  perhaps 'prime' any unexpected "PUMPS" of NanoXplore's share price, i.e. should any other 'undisciplined' and therefore entirely 'unwelcomed' institutional investors amass enough of a GRA short position with which to any further attempt to profit from selling GRA short?

[Lire02]

I suppose you could be correct in your assessment of recent events around the trading of Nanoxplore shares, 1 Student, however I tend to disagree. ( Hard to believe, I know)   In the first place, I cannot believe that National Bank, or Canaccord for that matter,would jeopardize  longer term relationships with Nano for a relatively small, short term trading profit. Also, I

[1student]

HelloLire02 You stated, "In the first place, I cannot believe that National Bank, or Canaccord for that matter,would jeopardize  longer term relationships with Nano for a relatively small, short term trading profit. Also, I suspect that it would be a contravention of their fiduciary agreements not to act in the interests of their clients". RESPONSE: The the syndicate of

[goodbuddy]

All in all, both underwriters and those who have bought the new issue are currently not happy campers. However, Nanoxplore has the funding necessary to continue with the game plan and need not focus on day to day share price fluctuations. I beleive the shares have a home; and the shares are spoken for already as indicate in the following National Bank- 35% Cancord Capital- 35% Echelon Wealth- 7.5

[1student]

NOTE: Every one of your suggested particpants in this bought deal offering are not primarily deploying their own monies in support of purchasing the respectively apportioned amount of NanoXplore shares made availiable by way of this $30M capital raise. Also note that what I stated previously stands, i.e. should the high net worth clients, investors whom such underwriters are purchasing their

[Lire02]

1Student "You'll note that the compay name I have long known about and have intentionally kept to myself (exept to share it with one 'special' other poster here at this buletin board), is a company located within the U.S. It's a company which is a serious NanoXplore competitor maintaining a certain 'heavy weight' investor; a heavy weight investor that happens to '

[1student]

It's simply amazing how everybody is avoiding having to answer the question as to whether there exists a mandatory holding period for any of the NanoXplore shares sold as part of this $30M bought deal capital raise. It's a very simple answer Lire02. Regarding the clarification you requested with respect to what I stated about a U.S competitor to NanoXplore, I'll provide the following

[Lire02]

"It's simply amazing how everybody is avoiding having to answer the question as to whether there exists a mandatory holding period for any of the NanoXplore shares sold as part of this $30M bought deal capital raise. It's a very simple answer Lire02." 1Student There is no mandatory hold period on trading the new issue GRA shares that appears in the prospectus, so  I

[1student]

Hello Lire02. Well then, according to you, there does not exist a stipulated and 'perhaps requisite' hold period applicable to any of the NanoXplore shares sold by way of this $30M amednded shelf prospectus. Two Part Question: So, would it be possible that certain of the underwriters - heck perhaps all of them -, could conceivably immediately utilize a portion or all of the NanoXplore

[Lire02]

1Student "Hello Lire02. Well then, according to you, there does not exist a stipulated and 'perhaps requisite' hold period applicable to any of the NanoXplore shares sold by way of this $30M amednded shelf prospectus. YES. BUT NOT ACCORDING TO ME, ACCORDING TO THE PROSPECTUS, PERHAPS YOU MAY HAVE MISSED THAT IN YOUR PERUSAL OF IT. Two Part Question: So, would it be possible that

[1student]

Lire02 stated, "YES. BUT NOT ACCORDING TO ME, ACCORDING TO THE PROSPECTUS, PERHAPS YOU MAY HAVE MISSED THAT IN YOUR PERUSAL OF IT." RESPONSE: Here's a question for you Lire02. Was it me who brought up the issue with respect to no holding period being attached to the shares being purchased by way of this $30M bought deal offering? I brought the issue up because I know exactly what

[Lire02]

This is all getting a bit silly, 1Student. If your scenario was to play ourt there would have had to have been a large short position reported Feb 17- 22 at the very least: the reported short position was about 160,000 shares (miniscule) on those days, so that makes your narrative somewhat suspect in any case. In point of fact, HAD the underwriters and/or their close, substantial clients held

[goodbuddy]

I totally agree with Multilex and You with how things are panning out. Lire02- Boy, you sure put that Alias in its place !!!!!

[1student]

I'll reiterate Lire02. Should they not manage to redeem themselves in the eyes of NanoXplore 'minority' share holders, Soroush Nazarpour &Co are going to wear the stink from yet again another SeedyNx and prospective lands development kind of company maneuver; and CannaOcrap and National Bank Financial being involved with this severely discounted bought deal is, in my opinion

[Lire02]

1 Student : "The ball is in their ( NanoXplore Management's ) court now. Lets see what they will do with it. They have already dropped the ball far too many times, in terms of how they have targeted the positions of NanoXplore minority share holders" I don't understand what you mean by targetting minority shareholders: if you mean that the company is operating to the benefit of

[1student]

I'll responde to all of what you suggest shortly Lire02. For now, allow me to direct your attention to the NanoXplore share price, currently $4.24. Why are "insiders" seemingly unwilling to purchase, at the market, more than enough GRA shares which are presently $0.36 below the $4.60 bought deal offering price? Hmm? Would it have anything at all to do with this interim great market

[Lire02]

For now, allow me to direct your attention to the NanoXplore share price, currently $4.24. EVEN WORSE, ACTUALLY, $4.06ish AT CLOSE. Why are "insiders" seemingly unwilling to purchase, at the market, more than enough GRA shares which are presently $0.36 below the $4.60 bought deal offering price? I HAVE NO IDEA HOW MUCH OF THE RECENT $30 MILLION DEAL WAS BOUGHT BY INSIDERS. I WOULD HAVE

[ridethewinners]

A couple of points to remember here. First, insiders cannot legally buy stock while the deal is pending. They could participate in the offering, but not buy or sell on the open market, they are blacked out.  Second, it seems insiders exercised 260,000 options they had at $4.34 . That is significant because they could have let them expire, and then chosen to buy shares on the market once the

[1student]

So, your point is we should be happy that insiders exercise 260,000 options which were granted by the company to such insiders during periods when GRA shares were trading at much much lower price points? You speak to this as providing you confidence. NOTE: NanoXplore's share price steadily increasing, due to greater and increasingly greater interest being demonstrated by would be